Lockheed Martin (LMT) is trading down at $500.35 (-1.92%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Industrials sector.
Analyst price targets on LMT
Current price targets from 3 firms average $610, median $600, ranging from $581 to $650 — the average is 22% above the current $500. Each is tracked to its date and scored the same way a member's call is.
- Rothschild & Co Redburn $509 → $650 by Oct 2027 Oct 6, 2026 via Investing.com · Rothschild & Co Redburn's track record
- Bank of America $580 → $600 by Jul 2027 Jul 27, 2026 via Investing.com · Bank of America's track record
- UBS $583 → $581 by Jul 2027 Jul 24, 2026 via Investing.com · UBS's track record
Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.
Lockheed Martin revenue & net income history (FY2016–FY2025)
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $47.3B | $51.0B | $53.8B | $59.8B | $65.4B | $67.0B | $66.0B | $67.6B | $71.0B | $75.0B |
| Growth (year over year) | +16.7% | +7.9% | +5.3% | +11.3% | +9.3% | +2.5% | −1.6% | +2.4% | +5.1% | +5.6% |
| Gross profit | $5.40B | $6.37B | $7.27B | $8.37B | $8.65B | $9.06B | $8.29B | $8.48B | $6.93B | $7.62B |
| Gross margin | 11.4% | 12.5% | 13.5% | 14.0% | 13.2% | 13.5% | 12.6% | 12.5% | 9.8% | 10.2% |
| Operating income | $5.89B | $6.74B | $7.33B | $8.54B | $8.64B | $9.12B | $8.35B | $8.51B | $7.01B | $7.73B |
| Operating margin | 12.5% | 13.2% | 13.6% | 14.3% | 13.2% | 13.6% | 12.7% | 12.6% | 9.9% | 10.3% |
| Net income | $5.17B | $1.96B | $5.05B | $6.23B | $6.83B | $6.32B | $5.73B | $6.92B | $5.34B | $5.02B |
| Net margin | 10.9% | 3.8% | 9.4% | 10.4% | 10.4% | 9.4% | 8.7% | 10.2% | 7.5% | 6.7% |
| EPS (diluted) | $17.07 | $6.75 | $17.59 | $21.95 | $24.30 | $22.76 | $21.66 | $27.55 | $22.31 | $21.49 |
| Balance sheet | ||||||||||
| Cash and equivalents | $1.84B | $2.86B | $772.0M | $1.51B | $3.16B | $3.60B | $2.55B | $1.44B | $2.48B | $4.12B |
| Total assets | $47.8B | $46.6B | $44.9B | $47.5B | $50.7B | $50.9B | $52.9B | $52.5B | $55.6B | $59.8B |
| Total liabilities | $46.2B | $47.4B | $43.4B | $44.4B | $44.7B | $39.9B | $43.6B | $45.6B | $49.3B | $53.1B |
| Long-term debt | $14.3B | $13.5B | $12.6B | $11.4B | $11.7B | $11.7B | $15.4B | $17.3B | $19.6B | $20.5B |
| Shareholders' equity | $1.51B | −$850.0M | $1.39B | $3.13B | $6.01B | $11.0B | $9.27B | $6.83B | $6.33B | $6.72B |
| Cash flow | ||||||||||
| Operating cash flow | $5.19B | $6.48B | $3.14B | $7.31B | $8.18B | $9.22B | $7.80B | $7.92B | $6.97B | $8.56B |
| Capital expenditure | $1.06B | $1.18B | $1.28B | $1.48B | $1.77B | $1.52B | $1.67B | $1.69B | $1.69B | $1.65B |
| Free cash flow | $4.13B | $5.30B | $1.86B | $5.83B | $6.42B | $7.70B | $6.13B | $6.23B | $5.29B | $6.91B |
| Dividends paid | $2.05B | $2.16B | $2.35B | $2.56B | $2.76B | $2.94B | $3.02B | $3.06B | $3.06B | $3.13B |
| Share buybacks | $2.10B | $2.00B | $1.49B | $1.20B | $1.10B | $4.09B | $7.90B | $6.00B | $3.70B | $3.00B |
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $17.1B | $18.6B | $18.0B | $18.2B | $18.6B | $20.3B | $18.0B | $20.1B |
| Growth (year over year) | +1.3% | −1.3% | +4.5% | +0.2% | +8.8% | +9.1% | +0.3% | +10.5% |
| Gross profit | $2.12B | $690.0M | $2.32B | $734.0M | $2.24B | $2.32B | $2.08B | $2.45B |
| Gross margin | 12.4% | 3.7% | 12.9% | 4.0% | 12.0% | 11.4% | 11.5% | 12.2% |
| Operating income | $2.14B | $696.0M | $2.37B | $748.0M | $2.28B | $2.33B | $2.06B | $2.48B |
| Operating margin | 12.5% | 3.7% | 13.2% | 4.1% | 12.3% | 11.5% | 11.4% | 12.4% |
| Net income | $1.62B | $527.0M | $1.71B | $342.0M | $1.62B | $1.34B | $1.49B | $1.84B |
| Net margin | 9.5% | 2.8% | 9.5% | 1.9% | 8.7% | 6.6% | 8.3% | 9.2% |
| EPS (diluted) | $6.80 | $2.27 | $7.28 | $1.46 | $6.95 | $5.80 | $6.44 | $7.94 |
| Balance sheet | ||||||||
| Cash and equivalents | $3.15B | $2.48B | $1.80B | $1.29B | $3.47B | $4.12B | $1.89B | $3.79B |
| Total assets | $55.5B | $55.6B | $56.7B | $58.9B | $60.3B | $59.8B | $59.2B | $62.5B |
| Total liabilities | $48.3B | $49.3B | $50.0B | $53.5B | $54.1B | $53.1B | $51.7B | $53.7B |
| Long-term debt | $19.2B | $19.6B | $18.7B | $18.5B | $20.5B | $20.5B | $20.5B | $20.5B |
| Shareholders' equity | $7.20B | $6.33B | $6.68B | $5.33B | $6.18B | $6.72B | $7.49B | $8.77B |
| Cash flow | ||||||||
| Operating cash flow | $2.44B | $1.02B | $1.41B | $201.0M | $3.73B | $3.22B | $220.0M | $3.23B |
| Capital expenditure | $355.0M | $582.0M | $454.0M | $351.0M | $381.0M | $463.0M | $511.0M | $318.0M |
| Free cash flow | $2.08B | $441.0M | $955.0M | −$150.0M | $3.35B | $2.76B | −$291.0M | $2.92B |
| Dividends paid | $749.0M | $778.0M | $796.0M | $771.0M | $765.0M | $799.0M | $816.0M | $796.0M |
| Share buybacks | $850.0M | $1.00B | $750.0M | $500.0M | $1.00B | $750.0M | $0 | $0 |
From Lockheed Martin's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
About Lockheed Martin
The Lockheed Martin Corporation is an American defense and aerospace manufacturer. It is headquartered in North Bethesda, Maryland, United States. The company was formed by the merger of the Lockheed Corporation with Martin Marietta on March 15, 1995.
Source: Wikipedia — Lockheed Martin
- Headquarters
- Bethesda, Maryland From SEC filings, Oct 2026
Recent News (1)
More Industrials stocks
- JCI Johnson Controls
- LDOS Leidos
- LHX L3Harris
- LII Lennox International
- LUV Southwest Airlines
- MAS Masco
- MMM 3M
- NDSN Nordson Corporation